Ocala, FL—34473
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ocala, FL
As of Oct '25, the median home price in Ocala, FL is $267,000, with a year-over-year change of -2.7%. This indicates that home prices in Ocala, FL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $267,000 | -2.7% |
| Single Family | $267,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | -4.1% |
3 Bed | $258,000 | -3.4% |
4 Bed | $293,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ocala, FL
As of July '25, Rentcast reports the average rent in Ocala, FL is $1,880, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Ocala, FL is 1-bedrooms: $868, 2-bedrooms: $1,410, 3-bedrooms: $1,770, 4-bedrooms: $2,030. The most common rental property sizes in Ocala, FL are 3-bedroom and 2-bedroom, accounting for 61.7% and 22.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,880 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $835 | $868 |
| 2 Bed Rent | $1,360 | $1,410 |
| 3 Bed Rent | $1,750 | $1,770 |
| 4 Bed Rent | $2,100 | $2,030 |
% of Rental Stock
Property Listings — Ocala, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Ocala, FL is 90. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | -2.0% |
Listing Count | 855 | 55.0% |
| Listings as % of Homes | 5.0% | 55.0% |
Days on Market | 90 | 45.0% |
Demographics — Ocala, FL
As of the latest ACS Survey released in 2023, Ocala, FL has a population of 25,000, which has increased by 28.2% over the past 5 years. Ocala, FL is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,000 | 28.2% |
% Under 18 | 24.6% | 13.9% |
% Seniors | 19.9% | -20.1% |
% WFH | 7.8% | 30.0% |
% w/ College Degree | 16.3% | 0.6% |
As of the latest ACS Survey released in 2023, Ocala, FL is a predominantly white area, with 34.0% of the population identifying as white. The white population has shrunk by 16.9% in the last 5 years. The second most common race or ethnicity in Ocala, FL is black, making up 33.3% of the population. Foreign-born residents account for 17.2% of the population in Ocala, FL, and this percentage has increased by 31.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.0% | -16.9% |
% Black | 33.3% | 57.1% |
% Hispanic | 28.9% | -17.9% |
% Asian | 1.2% | 100.0% |
% Foreign Born | 17.2% | 31.3% |
Mortgage and Risk — Ocala, FL
According to HUD data as of 2023, there were 1516 mortgage originations in Ocala, FL, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Ocala, FL. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,516 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 5.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ocala, FL
As of 2024, the percent of homes in Ocala, FL under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Ocala, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 93 |
Total Units Section 8 | 93 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 72.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $435 | $835 | $1,270 |
| 2 Bedroom | $170 | $1,360 | $1,530 |
| 3 Bedroom | $210 | $1,750 | $1,960 |
| 4 Bedroom | $10 | $2,100 | $2,110 |
Affordability — Ocala, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $267,000 |
| Median Household Income | $70,600 |